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around the same product. you still have government supervisors, identical technology, identical procedures, they don't seem to think it's going to save us that much money. so, just a question of whose pocket the paycheck is coming out of. >> it's not only saving, it's improving efficiency. privatization bet center >> hand it to the airlines. if american airlines doesn't protect its passengers it goes out of business. if the tsa doesn't protect the passengers it gets more funding. we have an incentive problem. in the private sector you are forced to do better. in the government you are rewarded. >> bill, do incentives matter here as they do most places? >> maybe but i say no, don't give privatization a bad name by assigning it an activity which is an expensive mess no matter who undertakes it. i would rather have john and steve use their powers of persuasion and libertarian instincts to apply to another need. privatize elementary schools. >> a subject for another conversation. we'll have that conversation. mike, by the way to clarify to, the tsa denied wrong doing with this marin
. can you imagine how this is going to northbound this is a nightmare. this is so the federal government can hire millions of people to make this legislation possible. it's idiotic. they should break it and start all over. >> 2200 pages turned into 20,000 so far. i remember when president clinton saiddy not have sex with that woman. president obama setd this will not add a single dime to the deficit. >> look, it's going to bring down health care costs. it's amazing people hate so much something that has barely taken effect. most hasn't gone into effect. the american people when asked about the specific provisions in the affordable care act like it. they like tax credits for small businesses to pay for insurance, they like cling the medicare donut hole, they like kids staying on insurance. 80% of people like those and less than 50% know they are in the bill. so stop smearing the bill to tell people wh's really in it. >> talk about why this didn't kick in. we had to wait until it got voted back in. they wrote this so that once he's in all the crabby stuff comes out. stuff we're two years i
the government fears contagion. it starts doing naughty things. this is limiting how much those folks can take out once they can get out the money. it is enacting sweeping measures that are raising eyebrows worldwide. banks rethinking even being there. paying customers wanting to get out of there. it is a mess. in these next 72 hours, cyprus officials are very lelia. they are working overtime to contain this mess. let me put it this way. cyprus is no longer an island. cyprus is a tsunami. it scares me customers worldwide. that is what they are hoping to avoid this weekend. it depends on whether they deal with this. going to john brown, and our own nicole petallides on whether they can and will. nicole kno of what she speaks. her parents are from cyprus and she has visited there many times or so. these are wholly times. >> i am so glad that you're painting it in the proper way. this is .2% of europe's gdp. it is a small island and it is being menial to so many. but it paints a picture of what is going on there. which is catastrophic. you go in there and you are talking about confiscating peles
the high cost of government. >> i don't understand all the commotion about jones, espeally if they are used by law enforcement. you mentioned that people think you are crazy if you are for jones. but what about the privacy base? think about it. police five helicopters over your house now. they have cameras. do you have a problem with that? they are useful and valuable as a law enforcement tool they can help look for lost people and bad guys and their quick on their response. the fuel and maintenance costs is low than the cost of a helicopter. as a pilot, i want them flown on the under the watchful eye of the faa. but let's help law enforcement do a better job of keeping our neighborhoods safe. melissa: thank you, tom. be sure to catch it at seven and 10:00 p.m. on saturday and sunday, the tom sullivan show. i will be a guest this weekend. happy friday and thank you for joining us. have a great cruise. [lghter] anythingo help. good night. >> more than 1,000 students have gathered to steady liberty should even be in college? if they work as interns are they exploited? if they are illegal sho
were today. a familiar budget plan, the nuts and bolts programs of the government. it is cruising for passage in the tea party flavored house. wow, that is supposed to be a news piece. the law undreamt line of what was supposed to be a tax piece. it restores many of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough. under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a sham. it is another thing for them to prove that it is an even bigger sham. they are darn near inbred watching politicians who continue to say that we don't have a spending problem. and one that is only trying slow down the growth of the spending. fair and balanced. try over and out. dick armey says that he is over the top of the house of representatives. i am not saying give republicans a pass. i am sayin
liberal's dream that government seizing your money out right, there is nothing you can do about it. now no cyprus they could find out the hard way, this tiny island nation sent a tsunami shockwave to the rest of the world, keeping the banks closed until they find a more palatable way to. welcome i am neil cavuto, you got 10 grand in a bank account. how about waking up tomorrow morning and then finding a thousand bucks missing, right off the top, does that sound over the top? in cyprus that is reason that thousands of bankustomers are blowing their talk, with talk of a 10% tax on deposit the money, has a lot of angry customers storming the atm machines but the government has closed banks to avid a bank run, a keeping them close until they sort this out, but the tax is till coming. for cyprus it is about the cost of staying in the euro club, never mind how average i citizes there are getting club. but this is about taxing assets there. something with which we should all be very familiar here. no uncle sam has not hacked into our bank accounts -- yet, but he made a b-line for our other ass
contracts? if they agree what business is a the government to interfere? >> the also got 14 year-old son of the cold wind. there has to be appointed. >> this is the 21st century. john: if you volunteer is that freedom? >> i grabbed as a liberal in the '60s now i am a libertarian democrats these to be press secretary because i in understand the argument how we exploit workers of the world that they need to have the backing of the government demand john pay his interns but these people are not so stupid they cannot decide if they are exploited. it is a contract that is understood. >> no coercive power is used it as a libertarian stream -- dream. john: the obama labor department can now with the explicit rules if you don't pay them there is criteria. the employer derives no immediate advantage. [laughter] on occasion the operations must be impeded? i had in turn to impede did my work i tried to get rid of them. >> if fox wanted you to do a news show and said do it underpaid and then we throw use and academic credit then we will decide. would you except that? john: maybe not at this point* i
contracts? if they agree what business is a the government to interfere? >> the also go14 year-old son of the cold wind. there has to be appointed. >> this is the 21st century. john: if you volunteer is that freedom? >> i grabbed as a liberal in the '60s now i am a libertarian democrats these to be press seetary because i in understand the argument how we exploit workers of the world that they need to have th backing of the goverent demand john pay his interns but these people are not so stupid they cannot decide if they are exploited. it is a contract that is understood. >> no coercive power is used it as a libertarian stream -- dream. john: the obama labor department can now with the explicit rules if you don't pay them there is criteria. the employer derives no immediate vantage. [laughter] on occasion the operations must be impeded? i had in turn to impede did my work i tried to get rid of them. >> if fox wanted you to do a news show and said do it underpaid and then we throw use and academic credit then we will decide. would you except that? john: maybe not at this point* in my ca
, 30 employees of the united states government you have been sequestered from public view for six months, four of them injured. what is your reaction? >> where they bury the survivors? lou: it has really been just exactly that. >> and the liberace, tucker, i don't think and stole the election. and now our soldiers are getting killed as a result of what he says. after ten years of sacrifice. >> aren't you glad obama pull the troops also the good afghanistan right? >> by the way, what happens to the mass of weapons of mass destruction jack next week is the ten year anniversary. we're still looking for those. lou: it makes you wonder about just where we are with their policy. you will leave about $35 billion worth of material and equipment in afghanistan. at least that appears to be the plan right now. you get the last word here. >> i hope that the prime minister netanyahu on tuesday or wednesday brings out his little round bomb with the red line on it and says, see, i told you so. lou: and not quite sure what that meant, but i will give you the last word. james, joyous, thank you so
, is he up to suing the very government ta bailed his firm out, if you wondered, what about bob? tonight is your chance to hear from bob. on that suit and whether he is in. man many argue is at center of it or not, robert ben mo shea coming up. before that. forget about digging out. on this spending thing washington is digging in. welcome i'm neil cavuto it is one thing for nancy pelosi to say we don't have a spending problem for the president to say there is really no great urgency to balancing the budget or harry reid saying there is no rush too deal with entitlements this year. but for house democrat to double down on spending stupid by pushing more stupid spending, well, you got to wonder. but this is true, they want more stimulus about $200 million more, who can blame them, clearly none of their leaders are trying to stop them or remotely discourage them. and members of pear are not block -- of their party are not exactly blocking them. i don't think their intention was to encourage this. they run for a immediate nicotine spending rush any time they can get it, they d got it,n them
a european government is he seizing the private welt alth of citizens. but it has. we've had two terrific weeks and a pullback on friday, but two terrific weeks that took the dow to 14,500. we're expect the market will come down in the first minutes of business today. down maybe 80, 90 points because of the cyprus situation. whoever thought that we'd be sitting here seeing an obscure island in the mediterranean affect our money so sharply. opening trend is indeed down. here we go, they're opening up the stocks and the dow is now down 48, 50 points, 14,400 we're back to now. and get to individual stocks, three big names and now them, apple, blackberry, boeing, all went up last week and i want to start with apple. according to a new analyst survey, apple set to raise its dividend by maybe more than 50%. it doesn't make any difference, it's down two bucks this morning. now, our partners in all things digital reporting that the blackberry chief told an australia newspaper that the iphone is past its prime. it doesn't make any difference, blackberry is down this morning and boeing's rival airb
on this rich guys did not dodge the tax. now a government has broken precedence, by going after what is in their bank account, how long do you think it will be before governments start sniffing around your bank account. frankly, i believe it's not long. think this country, when first federal income tax was just to blender efforts of world war i but it stuck around. or europe. expanded. what started out as a 4% tax for millionaires is now north of 20%, and en snaring, well, everyone. that is what concerns me about this cyprus tax. what the poor saps will discover when the banks reopen in cyprus, run. can't take their money and the government is watching and limiting, and i am kind of worrying. what is going on in this island nation, is a tsunami. bank on it. literally. to rich edison, in cyprus to this nervous night before, hey, rich. >> good evening neil, you have to imagine, folks without access to their banks account will have some tomorrow 8:30 in the morning. for more than a week these folks had closed banks today there was a bit of a lull, in fact that banks were closed not beca
action, are far more likely to get the most positive outcome. call this free government program for the option that's right for you. >> predictions, it gary b. >> i like lululemon. the reason, it's complete overreaction, they're recalling a product. it happens all the te and i think the stock is up 20%. >> brenda: i just like saying the name of the company. bull or bear. >> they don't get into yoga and high price valuation. >> brenda: toby, your prediction. >> all of these smart phones have done one thing, made the super memory off the chart, prices going up. and micron going up and-- >> gary b, bill or bear. >> i'm bearish, a little overbought right now. >> brenda: john your prediction. >> best buy turn around getting rave reviews, up. >> brenda: and toby. >> it's up 25% before it goes down 25%. >> brenda: jonas? >> okay. around word on street. bribing the tonight show to it move to new york city. the credit card-- >> bill or bear. >> letterman in new york-- >> and jay leno, and john ji carson and-- neil cavuto is up next. >> neil: the unions are starting to get loud, but is t
. congress today voting to avoid a government shut down. congressman marlon strops men of indiana joins us here to talk about the budget and the second amendment. the chinese nationals suspected of espionage and nasa has his day in court. the latest is that trial enters its 305th day. attorney state jenkins joins us. joining us now to discuss what geopolitical approach the united states should be pursuing and what we should be paying attention to, obama's claman a piece is the only path to true security. of course, objective of against iran syria benjamin netanyahu and the ceo of ge be international. a fox use digital politics editor. gentlemen, thank you for being with us. if i may, i want to start with you. benjamin netanyahu could not have been too pleased with whoever else happened. president obama was speaking rather aggressively to the people of israel over the head of benjamin netanyahu. >> well, a lot of these visits are public diplomacy. i will say that based upon what the president haa said over the past few days there is a hopeful be in this cynical me. i hope that the president
at all. just put into law with his signature. these are democrats. this is their idea of government. everybody in the country needs to be paying attention to what the democrats and in some cases a handful of republicans are doing. at a time when we should be talking about transparency on the issues of our time. we are simply being brushed aside by imperious and elitist government. just a few days later, lawmakers admitted they were adopting law enforcement officers. imagine not. a month later, they said they wanted to use banned assault weapons. earlier this week, governor cuomo admitted that he had to amend the law. because it bans the sale of this. they didn't even think about that. the idiocy of the whole process is astounding. new report out today saying that governor cuomo is trying to lure the "tonight show" back to manhattan. that is right, nbc with three shows is trying to, well, basically dump the host of one of their three winning shows. these are brilliant people. right and to get the show back to manhattan providing 30 percent tax break if it decides to leave to caper bu
into the sea of japan today as the bellicose rhetoric of threats from the dprk government intensified. the defense secretary ordered missile defense on the west coast to be reinforced. fourteen additional icbm@ interceptors readied for use if needed. at the state department is finally revealing the number of americans who were in a line of fire during the benghazi terrorist attack. and the extent of those injured. six months after the september 11th attack. the latest for you. tonight we begin with the end of the wall street winning streak. the dow jones industrials finishing in the red today after posting a string of eight consecutive record high closes. ten consecutive winning sessions for the dow. the dow dropping 25 points today. the s&p lost two and a half. the nasdaq fell nine points. but for the week, all three indexes posted gains. the dow jones industrial of 117 points since the opening bell monday. the s&p picking up nine and a half, the nasdaq up five. the wilshire 5,000 measuring the paper gains for the entire market for the week at $1,205,000,000,000. and the total market
have been down. i don't know if you want the government to tell the cruise ships what they should be doing, they will be losing ticket sales if they don't get their act together with the cruise ship. >> at the same time if this is going to take affect out ask you have a citizens bill of rights protecting us all from chuck schumer. what about that? no more sunday press conferences, and that ought to make him mandatory in the first one to sail on the new carnival triumph once it is ready. melissa: he would go and test out the ships to see if they work before we go out there. that is what i want you to do, go test the ship for us. i love it, let's end on that one. we will see you back here tomorrow. here comes "the willis report." gerri: hello, everyone. tonight on "the willis report." shock waves in the market, cyprus looks to move two sees money in the bank accounts they can pay their debt. could that happen here? and people who cannot pay and penalizing those who do pay. an actual plan being drawn up, and a new business boom with a royal twist, the rush to get kate middleton. "the
not like the government isn't assigned to monitor this. >> in 2007 the cdc found these smaller companies have less stringent regulations and lower quality control. there is no doubt this is a major problem that has to be addressed. gerri: you are right in the middle of this. >> i try not to take medications from the smaller pharmaceutical companies, or try to find out where they are coming from and i refuse medication for my compounding company and wait until we can get it from a major company. pity they should be required to get involved and take a load off of some of these companies with less stringent requirements. gerri: i used to be more popular, now they are less popular, growing yet again. now we have 17 state laws making their way through state legislatures to answer to this question, but that can take a long time. what do you recommend consumers to do right now? >> they have to basically check with their doctors, check whether hospitals and see if they can checkout. start raising the questions now. gerri: thank you for coming on. i appreciate your time, thank you. you are used t
to ask? my deposits are about to get snatched by the government, and, you know, that's a real problem. you're going to see it spread. sandra: spencer, you can't run and hide. if you're an investor, you have to be in the market. how do you hedge risk? >> get real assets, look at commodities. oil did well. you saw the grains do well. they were up in a down market. you saw gold basically be flat. get in real commodities and get out of stocks because stocks are at all time highs. there's no reason p why you should buy now. sandra: peter, you are a bear with the u.s. dollar. it was the euro that took it hard today. >> yeah, you know, the euro was down, but back to the stock market, the stock market doesn't go up every day. just because it went down today, it's not a big selloff in reaction to the news. i mean, you are going to get down days. i think the market should have gone down more than it did because of the problems, but i think all the money printing is what's going to keep nominal stock prices rising. no one way or the other, you lose value of the deposits because if the bank doesn
-fulfilling prophesy. keep buying on the dip. >> there's one other entity that makes it happen and our government is trying to make it happen. the wealth factor, winning to buy, a lot of bonds every month and those situations, make it a self-fulfilling prophesy and keep driving the market higher and higher. charles: and today the fed gets together and i guess the assumption the printing keeps going? >> no question about it. a market and economy dependent, i guess, but absolutely, they're going to keep printing until they feel they don't have to anymore which is probably a long time away from now. charles: buying the dips, thanks a lot, larry. that's by the way the opening bell, and the markets are ringing, the futures have been up all morning long and let's check the big board. dow up 29 points and ticking away. and the market is up and fedex we talk about that being something of a proxy for the economy. and they reported the numbers this morning and the profits were lower, and maybe people are buying or not shipping as much of the certainly we want to find out what's going on. let's go to nicole
to work states adding more jobs and with many in the government looking to cut more spending, is it time tore unions to simply get with the program? charles payne, dagen mcdowell, adam lashinsky, charlie gas pregas-- gasperino. >> and with the. >> i love the big raps. >> and communities with fewer presence of unions are doing better communities and businesses. the they drove hostess out of business and they have to figure out the dynamics. they've got to take a step back, we're trying to benefit and not in it for ourselves and the message doesn't get across anymore. >> neil: dagen? >> this is evidence of unions on the run. if you look at michigan, a huge move that that state, kind of the birth of unions as we know it in this country, is now a right to work state, but what you see -- you're starting to see the down and dirty tactics. a lot of unions in that state tried to do or are doing like is run around the law, but putting in place like wayne state university, forexample, mandatory dues must be paid by the unions for periods of years, eight years in just that case. you're seeing it al
of cyprus rushing to pull money out of the banks and atms at as nation's governments weighs a new bank account tax. there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have you gotten any calls, are you expecting any? >> i'm not expecting any but i would not be surprised to see people talk more about this in next few days it is very late tonight anyway it looks like they will preserve the under $100 thousand mark and go after larger deposits, but the question, here in u.s., could it happen here? probably not. but the question is, ha hasn't t already happenith standpoint feds suppressing interest rates, that is the rate less than inflation, negative in
out with big gdp figures but i don't believe those figures because they come from the government but when you hear specifics from caterpillar saying they have had a drop of 26% in slowdown of sales in china seems to me to indicate a slowdown over in china. >> well, that is exactly what everybody is waiting to hear about. those infrastructure plays, the material plays are so critical. you kind of had a tippoff when you started looking at some of the industrial metal activity especially copper. that is one of the those little canaries in the coal mine as you saw it there could be a pullback and going into earnings announcements with names like caterpillar. there was a little bit of a flag that said, hey, we could be seeing some misses. david: thanks, joe. lauren: thank you so much. stay with us. we'll come back to you when the s&p futures close. david: let us bring in our market panel. we have brian gendreau and guy labad. thank you, gentlemen. good to see you. brian, i want to go to you first. you have background in the federal reserve yourself. what ben bernanke seemed to be tell
taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, the usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping the federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig liz report," and thank you for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress is safe for now. the last effort to bail out and save its economy, but the solution that has bank depositors and investors everywhere now nervous. the largest banks are taking up to 40% of all bank deposits more than 100,000 euros or $129,000 or higher leaving smaller deposits untouched. optimism over the deal initially pushed the s&p 500 to within a point of its all time high of 1565 in early trading. stocks told off the cypress bailout is a template
: right now to the top story. efforts here at home to make sure our government is never able to raise the private savings of private retirement accounts of americans. saying congress shouldn't even consider any kind of tax or sees sure of deposits. if approved it could give everyone in the country a bit of relief. basically insuring what is being proposed in cyprus really can not happen here. joining me with details is the cosponsor of the resolution, republican congressman tom coal from oklahoma. congressman, thanks for coming on the show. >> thank you. melissa: do we really need a resolution to protect us from this? is there a danger this would happen, do you think? >> people in cyprus probably thought the same thing a couple days before it happened. do we really need to worry about this? i think we ought to make sure. and look, i don't think it would happen, i will be honest with you. i think, most of our regulators understand how counter productive this is, how it will destroy confidence. it will give people not to put money in safe places like banks. but we ought to reassure peop
threat that the u.s. government could come after our private bank deposits? yes, i do. they may not confiscate it as cyprus tried to do however there are plenty of ways to get at it. taxes, you're forced to invest in government securities and under the guise of the financial systems, yes, it's a valid concern and the bank defenders will not acknowledge it u and we've got the dow up 39, 40 points at the moment, a shrug from the stock market at the moment. >> yes, it is. stuart: you think this has no impact on the stock market, more on gold and banking stocks, you think? >> i think so, again, what it does, it calls into question the integrity of the financial community and that's what central bankers and legislators fear most. it's not the markets themselves, it's fear of the market and fear of stability because that is what drives confidence and one thing that bernanke can't afford to lose right now. stuart: here is what i think might happen. a no vote, the russians step in, europe says we can't have russia, and they step in. >> i think a power play and progression of events, but
the high cost of government. >> i don't understand all the commotion about jones, especially if they are used by law enforcement. you mentioned that people think you are crazy if you are for jones. but what about the privacy base? think about it. police five helicopters over your house now. they have cameras. do you have a problem with that? they are useful and valuable as a law enforcement tool they can help look for lost people and bad guys and their quick on their response. the fuel and maintenance costs is lower than the cost of a helicopter. as a pilot, i want them flown on the under the watchful eye of the faa. but let's help law enforcement do a better job of keeping our neighborhoods safe. melissa: thank you, tom. be sure to catch it at seven and 10:00 p.m. on saturday and sunday, the tom sullivan show. i will be a guest this weekend. happy friday and thank you for joining us. have a great weekend. >> welcome, i am shibani joshi and four gerri willis. we will tackle the new blackberry. as i don't have anything to worry about? we will discover and talk about that as we
and speaker boehner think otherwise. only 4% said not a problem. and 85% said the federal government should balance the budget just like the average american family. and when asked about the economy, 65% said they have a nervous feeling about the future. only 28% expressed some confidence. but it doesn't seem like washington is listening to all of this. still no budget from the president, spending keeps going up. don't worry though, ben bernanke, as he said yesterday will keep printing. he didn't say in so many words, but he's going to keep printing and the markets are rallying on that news. so we have news this morning on cyprus, it may nationalize private pension money and also, look at this, please. an illegal pot business, that's booming in colorado and washington state and some call it the modern gold rush. coming up at 10:45 this morning, one woman who is cashing in big. her nickname is the martha stewart of marijuana, what she calls herself pushing herself into the legal weed business. that's coming up in our next hour. here we go, markets open in just a couple of minutes. will we hi
Search Results 0 to 49 of about 101 (some duplicates have been removed)